announcment, page-8

hi CUB

""expect big bottlenecks with the labs leading up to, and immediately after Xmas - you could hope for end of Jan or early Feb""

1) if you look at announcement 29/10/07 you'll see some interesting comments about progress of drilling.

Drilling commenced on the Mt. Alfred Prospect to test previously reported. rock chip surface sampling which averaged 58.5% Fe over 2.8 km of strike. Initial drilling on
this prospect is now complete.

First samples have been shipped to Perth and will be submitted for analysis today.

Mt Alfred first samples were shipped around 29/10. so i suspect we'll get some results in the very very near future (Mt Alfred), then shortly after Iron Mountain>

2)announcement after the bell was no doubt to head off a speeding ticket....